What Does Forbright Bank Do with Your Personal Information?
|Why||Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do.|
|What||The types of personal information we collect and share depend on the product or service you have with us. This information can include:|
– Social Security Number and income
– Account balances and payment history
– Credit history and credit scores
When you are no longer our customer, we continue to share your information as described in this notice.
|How||All financial companies need to share customers’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers’ personal information; the reasons Forbright Bank chooses to share; and whether you can limit this sharing.|
Reasons We Can Share Your Personal Information
|Does Forbright Bank share?||Can you limit your sharing?|
|For our everyday business purposes –|
such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus
|For our marketing purposes –|
to offer our products and services to you
|For joint marketing with other financial companies||No||We Don’t Share|
|For our affiliates’ everyday business purposes –|
information about your transactions and experiences
|For our affiliates’ everyday business purposes –|
information about your creditworthiness
|No||We Don’t Share|
|For our affiliates to market to you||No||We Don’t Share|
|For nonaffiliates to market to you||No||We Don’t Share|
Questions? Call 1.888.855.7778 or email us at email@example.com
Who We Are
|Who is providing this notice?||Forbright Bank|
What We Do
|How does Forbright Bank protect my personal information?||To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings.|
We also restrict access to customers’ personal information to only those Bank employees needing to know this information to provide you with products and services.
|How does Forbright Bank collect my personal information?||We collect your personal information, for example, when you:|
-Open an account or deposit money
-Pay your bills or apply for a loan
-Use your credit or debit card
We also collect your personal information from others, such as credit bureaus, affiliates or other companies.
|Why can’t I limit all sharing?||Federal law gives you the right to limit only:|
-Sharing for affiliates’ everyday business purposes – information about your creditworthiness
-Affiliates from using your information to market to you
-Sharing for nonaffiliates to market to you
State laws and individual companies may give you additional rights to limit sharing. See below for more on your rights under state law.
|Affiliates||Companies related by common ownership or control. They can be financial and nonfinancial companies. |
–Our affiliates include financial companies, such as Alliance Partners and Energy Loan Network (ELN).
|Nonaffiliates||Companies not related by common ownership or control. They can be financial and nonfinancial companies.|
–Forbright Bank does not share with nonaffiliates so they can market to you.
|Joint marketing||A formal agreement between nonaffiliated financial companies that together market financial products or services to you. |
–Forbright Bank doesn’t jointly market.
Other Important Information
For Alaska, Illinois, Maryland, and North Dakota residents only. We will not share personal information with nonaffiliates either for them to market to you or for joint marketing – without your authorization.
For California residents only. In accordance with California law, we will not disclose information we collect about California residents to unaffiliated companies, except as permitted by law, which includes disclosures with the consent of the California resident and disclosures to service the resident’s accounts with us, as well as other lawful disclosures.
For Nevada residents only. We are providing you this notice pursuant to Nevada law. You may be placed on our internal Do Not Call List by calling 1.888.855.7778 or email us at customerservice@forbrightbankcom. Nevada law requires that we provide contact information for the state’s Bureau of Consumer Protection to all consumers that do
business with us. The contact information for the Bureau of Consumer Protections, of the Office of the Nevada Attorney General, is provided below:
Address: 100 North Carson Street, Carson City, Nevada 89701
Phone number: 775.684.1100
For Vermont residents only. Under Vermont law, we will not disclose information we collect about Vermont residents to unaffiliated companies and will not disclose application and third-party credit-related information about Vermont residents to our affiliated companies except as follows: as permitted by law; to companies that perform marketing or other services on our behalf; name, contact and transaction experience information to other companies with which we have joint
marketing agreements; or with the authorization or consent of the Vermont resident.